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S T E E L A U T H O R I T Y OF I N D I A L I M I T E D Annexure-6.1.1-2 Annexure-6.1.1-2 Annexure-6.1.

1-2
BHILAI STEEL PLANT Page-1/3 Page-2/3 Page-3/3
REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL Base date: 1st Qtr 2010 #REF! #REF!

** DETAILED CAPITAL COST ESTIMATE** Figures in Rs. Crore Figures in Rs. Crore Figures in Rs. Crore

CD CVD ADC IT ED CST E&C VAT Ser. Tax Entry tax Contingn
7.5% 8.24% 4% 11.8% 8.24% 2% 7.5% 12.5% 10.30% 1% 5%
cd cvd it adc entry
2.56 2.56 2.56 2.30
0.192 0.21 0.10 0.10 0.05 0.190 0.05 0.01 0.02 0.13 1.06

Sl.No SHOP/FACILITY/PACKAGE FC EQUIPMENT SPARES TECHNOLOGICAL STRS. BUILDING STRUCTURES REFRACTORIES CIVIL ERECTION ENGG. & CONSTRN. FRT. & INS. IMPORT DUTIES, IT & CESS EXCISE DUTY & TAXES KNOW-HOW TRAINING OTHERS CONTINGENCY TOTAL CAPITAL COST
ADOPTED Imported Indigenous Imported Indigenous Imported Indigenous BOUGHT OUT SITE FAB. . Imported Indigenous Indigenous Equipment Structure Refractories Dismantling Contractor's Owner's Ocean Inland CD CVD ITax on ADC Entry tax Excise Sales Edu cess VAT/WCT Service Tax
HW SW HW SW Imported Indigenous Indigenous Imp. Imp. Ind. FS Duty Tax
FC FC LC LC FC LC FC LC FC LC LC FC LC LC LC LC LC LC FC LC FC LC FC LC LC LC LC LC LC FC LC LC LC LC LC FC LC FC LC FC LC FC LC FC LC TOTAL 0.00
a b c d e f g h I j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw 0.00

0.00
1 H ousin g L ess Stand s and its SEK
a ssociated facilitie s 2.60 2.08 2.56 2.05 0.04 0.05 0.64 0.51 0.00 0.75 0.94 0.30 0.24 0.12 0.15 0.41 0.16 0.08 0.05 0.21 0.25 0.11 0.13 0.06 0.21 0.06 0.02 0.03 0.22 0.00 0.00 0.19 0.25 3.88 5.31 9.18

2 IDC 0.28 0.28


3 CAPITAL COST 2.60 2.08 0.00 2.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.64 0.00 0.00 0.00 0.94 0.30 0.00 0.15 0.16 0.08 0.05 0.21 0.25 0.11 0.13 0.06 0.21 0.06 0.02 0.03 0.22 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.25 3.88 5.58 9.46
4 Cenvat credit 0.82 0.82
5 Capital cost net of cenvat 8.63
3

ANNEXURE 6.1.1-1
S T E E L A U T H O R I T Y OF I N D I A L I M I T E D Base date: 1st Qtr 2010
BHILAI STEEL PLANT Figures in Rs. Crore
REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL

**CAPITAL COST ESTIMATE**SUMMARY

CD CVD ADC IT ED CST VAT Service Tax Edu Cess Contingencies


Rs0.00 7.5% 8.24% 4% 11.8% 8.24% 2% 13% 10% 1% 5%
Sl.No SHOP/FACILITY/PACKAGE EQUIPMENT SPARES STRUCTURALS REFRACTORIES CIVIL ERECTION ENGG & CONSTN FRT. & INSURANCE DUTIES & TAXES OTHERS CONTINGENCY CAPITAL COST
Total Incl. Total Incl. Total Incl. Total Incl. Total Total Total Incl. Total Incl. Total Incl. Total Incl. Total Incl. Total Incl.
Cost FC Cost FC Cost FC Cost FC Cost Cost Cost FC Cost FC Cost FC Cost FC Cost FC Cost FC
a b c d e FC g h I j k l m n o p q r s t u v w x
4.63 0.23 1.06 0.35 6.27
1 H ousing Less Stands and its 5.15 2.60 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.64 1.39 0.94 0.29 0.16 1.29 0.06 0.00 0.00 0.44 0.19 9.18 3.88
ass ociated facilities

2 IDC 0.28
3 CAPITAL COST 5.15 2.60 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.64 1.39 0.94 0.29 0.16 1.29 0.06 0.00 0.00 0.44 0.19 9.46
4 Cenvat credit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.82
5 Capital cost net of cenvat 5.15 2.60 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.64 1.39 0.94 0.29 0.16 1.29 0.06 0.00 0.00 0.44 0.19 8.63 3.88

Annexure-1

STEEL AUTHORITY OF INDIA LIMITED


BHILAI STEEL PLANT

PROVISION OF INFRASTRUCTURE FACILITIES FOR


2X1250 TPD OXYGEN PLANT ON BOO BASIS

WATER SYSTEM
0.00
CAPITAL COST ESTIMATE (SUMMARY)

Base date: 1st Qtr 2010 Rs. in Crore


Sl. Item Amount
No.
1 Equipment 5.15
4.63
2 Spares

3 Structures 0.00

4 Refractories

5 Civil Works 0.05

6 Erection & Commissioning 0.64

7 Engg. & Constn 1.39

8 Freight & Insurance 0.29


0.23
9 Taxes & Duties 1.29
1.06
10 Others

11 Contingencies 0.44
0.35
12 Total Plant Cost 9.24
6.27
13 IDC 0.28
0.19
14 Capital Cost 9.52 6.08
15 Cenvat Credit 0.82 0.52
16 Capital Cost net of cenvat 8.70
5.56
Miscellaneous Rs Lakh #REF!
Total Expenditure Rs Lakh #REF!

GROSS MARGIN(A-B) Rs Lakh #REF!


Annexure-6.5.2-1

REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL


Gross Margin Calculation

Sl No. Description Unit Quantity/Amount


(A) Saving in Stand changing time(Normal, Break-down &
profile/section) Annexure 6.6.4-1
Frequancy of Stand # 6 & 8 changing on normal days (08-09) Time/yr 55.00 40.00

Frequancy of Stand # 6 & 8 changing due to roll breakage (08- Time/yr 3.00 1.00
09) REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL
Frequancy of Stand # 6 & 8 changing due to rolling of 100x50 Time/yr 13.00 10.00
channel (08-09) FINANCIAL ANALYSIS
Frequancy of Stand # 6 & 8 changing for profile/section Time/yr 12.00
change (08-09)
17.00
Total change Time/yr 88.00 63.00
1 Capital Cost (Net of Cenvat) Rs crore 8.63
Time required for existing housing change @1.5 hr/change Hr/yr 132.00 94.50
Time required for change of Housing less Stand @ 0.33 Hr/yr 29.04
hr/change (@20 minutes/change) 2 Gross Margin Rs crore 5.18
Additional Hot Hours Available Hr/yr 102.96 37.50
3 NPV @ 10% discount rate (Pre-tax) Rs.crore 27.21
(B) Saving in delays
Operation delays (08-09) Hr/yr 16.24 16.24
4 NPV @ 10% discount rate (Post-tax) Rs.crore 16.45
Mechanical delays (07-08) Hr/yr 4.58 4.58
Total delays Hr/yr 20.82 20.82 5 IRR (Pre-Tax) % 42.18%
Additional hot hrs available Considring 50% saving Hr/yr 10.41 8.33
Total Hot hours (A+B) Hr/yr 113.37 45.83 6 IRR (Post-Tax) % 31.60%
(C) Additional production of TMT bar considering rolling Rate of T/yr 10704 4692.79
102.40t/hr(08-09) and mill utilisation of 92.2% (08-09)
(D) Equivalent Billet considering yield of 96.3% (08-09) T/yr 11115 5089.79
(E) Additional contribution from TMT Rs Cr 9.35 4.10 0.000873
(F) Loss of contribution from Billets Rs Cr 4.16 1.83 0.00039
(G) Gross Margin Rs Cr 5.18 2.27

SENSITIVITY ANALYSIS

Sl.No Parameter IRR


(Pre-tax) (Post-tax)
1 Base Case 0.00% 0.00%
2 Capital cost up by 10% 12.87% 10.42%
3 Gross margin less by 10% 13.06% 10.88%
Loss of Production 4 Combined effect of above two factors 11.18% 8.99%
Yearly production (09-10) tpa 756232 756232
Hot hrs (09-10) Hrs 7383 7383
Production loss tpa 7375 1228.80
Contribution form TMT Rs cr 6.44 1.07
Contribution form Billets Rs cr 2.87 0.48
Loss due to shutdown Rs cr 3.57 0.60
S T E E L A U T H O R I T Y OF I N D I A LIMITED Annexure-6.6.3-1
BHILAI STEEL PLANT
REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL Start of prod.
Profitability Projections Rs. in crore
Item/Year Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22
Capacity Utilisation 0.8000 90% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
100%
Gross Margin from operation 2.0735 4.67 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 2.59
1.43
Interest (LT+WC) 0.2364 0.47 0.38 0.28 0.19 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.2948 1.10 0.94 0.80 0.68 0.57 0.49 0.42 0.35 0.30 0.25 0.22 0.18 0.16 0.13 0.11 0.10 0.08 0.03 0.00
Profit Before Tax (PBT) 0.5423 3.09 3.87 4.10 4.32 4.51 4.70 4.77 4.83 4.88 4.93 4.97 5.00 5.03 5.05 5.07 5.09 5.10 5.15 5.18 2.59
Corporate Income Tax exemption 0.1843 1.05 1.32 1.40 1.47 1.53 1.60 1.62 1.64 1.66 1.68 1.69 1.70 1.71 1.72 1.72 1.73 1.73 1.75 1.76 0.88

Profit After Tax (PAT) 0.3580 2.04 2.55 2.71 2.85 2.98 3.10 3.15 3.19 3.22 3.25 3.28 3.30 3.32 3.33 3.35 3.36 3.37 3.40 3.42 1.71
Cumulative PAT 0.3580 2.40 4.95 7.66 10.51 13.49 16.59 19.74 22.93 26.15 29.41 32.69 35.99 39.31 42.64 45.99 49.35 52.71 56.12 59.54 61.25

Start of prod.
Cash flow statement
Cash-Inflows : Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22
A. Cash from operations 0.00 2.0735 4.67 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 2.59
B. Equity/ Internal accruals 2.35 2.3754 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loan incl. MM 2.35 2.3754 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 4.70 6.8244 4.67 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 2.59

(B) Cash out-flow :


Capital expenditure
Equity/ Internal accruals 2.35 2.3754 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loan 2.35 2.3754 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest payment
Long term loan & MM 0.00 0.2364 0.47 0.38 0.28 0.19 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital 0.0000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Principal repayment 0.00 0.95 0.95 0.95 0.95 0.95
Corporate Income Tax 0.00 0.1843 1.05 1.32 1.40 1.47 1.53 1.60 1.62 1.64 1.66 1.68 1.69 1.70 1.71 1.72 1.72 1.73 1.73 1.75 1.76 0.88
Total 4.70 5.1716 2.47 2.64 2.62 2.60 2.57 1.60 1.62 1.64 1.66 1.68 1.69 1.70 1.71 1.72 1.72 1.73 1.73 1.75 1.76 0.88
Cash surplus 0.00 1.6528 2.20 2.54 2.56 2.58 2.61 3.59 3.56 3.54 3.52 3.51 3.50 3.48 3.48 3.47 3.46 3.45 3.45 3.43 3.42 1.71
Cash surplus (Cummulative) 0.00 1.6528 3.85 6.39 8.95 11.53 14.14 17.73 21.29 24.84 28.36 31.87 35.36 38.85 42.32 45.79 49.25 52.70 56.15 59.59 63.01 64.72

Start of prod.
NPV & IRR CALCULATIONS:
Item Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Yr 21 Yr 22
Outflow
Capital Cost (excl. IDC) 4.59 4.5902 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Production Loss 3.5717 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Corporate Income Tax 0.00 0.1843 1.05 1.32 1.40 1.47 1.53 1.60 1.62 1.64 1.66 1.68 1.69 1.70 1.71 1.72 1.72 1.73 1.73 1.75 1.76 0.88
Inflow
Gross margin 0.00 2.0735 4.67 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 2.59
CENVAT Credit 0.4118 0.41
0.0000
Net flow
Pre-tax -4.59 -5.6766 5.08 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 2.59
Post Tax -4.59 -5.8609 4.03 3.87 3.79 3.72 3.65 3.59 3.56 3.54 3.52 3.51 3.50 3.48 3.48 3.47 3.46 3.45 3.45 3.43 3.42 1.71
NPV (@ 10%), Rs Cr
Pre-tax 27.21
Post-tax 16.45
IRR 42.1761 31.60
Pre-tax 42.17
Post-tax 31.60%
year1 year2 year3 year4 year5 year6 year7

capa 90.00 100.00 100.00 100.00 100.00 100.00


GROSS MARGIN 2.04 2.27 2.27 2.27 2.27 2.27
INTREST 0.15 0.30 0.24 0.18 0.12 0.06
DEPRI. 0.61 0.55 0.49 0.44 0.40 0.36
PBT 1.28 1.42 1.54 1.65 1.75 1.85
TAX 0.42 0.47 0.51 0.54 0.58 0.61
PAT 0.86 0.95 1.03 1.11 1.17 1.24
CUMM PAT 0.86 1.81 2.84 3.95 5.12 6.36
ACF 1.47 1.50 1.52 1.55 1.57 1.60

year 1 year 2 year 3 year 4 year 5 year 6 year 7


inflow cash from operation 2.04 2.27 2.27 2.27 2.27 2.27
equty 1.50 1.54
loan 1.50 1.54
total 3.00 5.12 2.27 2.27 2.27 2.27 2.27

outfloweq 1.50 1.54


loan 1.50 1.54
INT. 0.15 0.30 0.24 0.18 0.12 0.06
princi 0.00 0.608 0.608 0.608 0.608 0.608
TAX 0.42 0.468 0.51 0.54 0.58 0.61
total 3.00 3.65 1.38 1.36 1.33 1.31 1.28
surplus 1.47 0.89 0.91 0.94 0.96 0.99
cumu/sur 1.47 2.36 3.27 4.21 5.18 6.17

year1 year2 year3 year4 year5 year6 year7


capital cost 3.00 3.08 0.00 0.00 0.00 0.00 0.00
prod.loss 0.60 0.00 0.00 0.00 0.00 0.00
tax 0.42 0.47 0.51 0.54 0.58 0.61
OUTFLOW 3.00 4.10 0.47 0.51 0.54 0.58 0.61
gross mor 2.04 2.27 2.27 2.27 2.27 2.27
cenvat 0.26 0.26
INFLOW 2.30 2.53 2.27 2.27 2.27 2.27
NET
pre -3.00 -1.38 2.53 2.27 2.27 2.27 2.27
post -3.00 -1.80 2.06 1.76 1.73 1.69 1.66
NPV
pre 12.30
post 7.61
IRR
pre 41.64%
post 30.78%
year8 year9 year10 year11 year12 year13 year14 year15 year16 year17 year18

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27

0.32 0.29 0.26 0.24 0.21 0.19 0.17 0.15 0.14 0.12 0.11
1.95 1.98 2.01 2.03 2.06 2.08 2.10 2.12 2.13 2.15 2.16
0.64 0.65 0.66 0.67 0.68 0.69 0.69 0.70 0.70 0.71 0.71
1.31 1.33 1.35 1.36 1.38 1.39 1.41 1.42 1.43 1.44 1.45
7.67 8.99 10.34 11.70 13.08 14.47 15.88 17.30 18.73 20.17 21.61
1.63 1.62 1.61 1.60 1.59 1.58 1.58 1.57 1.57 1.56 1.56

year 8 year 9 year 10 year 11 year 12 year 13 year 14 year 15 year 16 year 17 year 18
2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27

2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27

0.64 0.65 0.66 0.67 0.68 0.69 0.69 0.70 0.70 0.71 0.71
0.64 0.65 0.66 0.67 0.68 0.69 0.69 0.70 0.70 0.71 0.71
1.63 1.62 1.61 1.60 1.59 1.58 1.58 1.57 1.57 1.56 1.56
7.79 9.41 11.02 12.62 14.21 15.79 17.37 18.94 20.50 22.07 23.62

year8 year9 year10 year11 year12 year13 year14 year15 year16 year17 year18
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.64 0.65 0.66 0.67 0.68 0.69 0.69 0.70 0.70 0.71 0.71
0.64 0.65 0.66 0.67 0.68 0.69 0.69 0.70 0.70 0.71 0.71
2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27
2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27

2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27 2.27
1.63 1.62 1.61 1.60 1.59 1.58 1.58 1.57 1.57 1.56 1.56
year19 year20 year21 year22

100.00 100.00 100.00 100.00


2.27 2.27 2.27 2.27

0.10 0.08 0.06 0.04


2.17 2.19 2.21 2.23
0.72 0.72 0.73 0.74
1.45 1.47 1.48 1.49
23.07 24.54 26.02 27.51
1.55 1.55 1.54 1.53 13.46

year 19 year 20 year 21 year 22


2.27 2.27 2.27 2.27

2.27 2.27 2.27 2.27

0.72 0.72 0.73 0.74


0.72 0.72 0.73 0.74
1.55 1.55 1.54 1.53
25.18 26.72 28.26 29.80

year19 year20 year21 year22


0.00 0.00 0.00 0.00
0.00 0.00 0.00
0.72 0.72 0.73 0.74
0.72 0.72 0.73 0.74
2.27 2.27 2.27 2.27
2.27 2.27 2.27 2.27

2.27 2.27 2.27 2.27


1.55 1.55 1.54 1.53
ANNEXURE-6.1.1-3

CCFG : 03
STEEL AUTHORITY OF INDIA LIMITED
BHILAI STEEL PLANT
REPLACEMENT OF STAND # 6 AND #8 IN MERCHANT MILL

BASIS OF CAPITAL COST ESTIMATE

Rs. Lakh
Sl. SHOP/FACILITY/PACKAGE FC QUANTITY BASIC COSTS (in INR) BASIS OF COSTS ESTIMATES & Remarks
No. adopted Imported Indigenous Imported Indigenous Order value/Engg.estimate/BQ Enclosed
Nos. Weight Unit No. (enclose supporting document Doc.Ref.
t HW SW HW SW like order copy/ Budgt.Qtn. etc.) ***No.
a b c d e f g h i j k l
[A] Equipment SEK
1 Housingless stands(2 Nos) Set 1 163.25 8.10 BQ of M/s Danieli Morardshammer ,
including bed plate, restbars, Feb'8 and order value of HS stand
water manifold, set of pipes & 9,10, 12 oct'04 escltd
hoses,clamping device

2 Hydraulics valves stands ( 2 sets) Sets 2 0.00 10.00 Engg. Estimate


3 Centralised lubrication system Sets 1 0.00 18.23 Order value of Housing less stand
9, 10 & 12 escalated
4 Guides Sets 1 62.38 105.38 Order value of Housing less stand
9, 10 & 12 escalated
5 Roll assyembly Shop equipments Sets 1 34.02 36.47 Order value of Housing less stand
9, 10 & 12 escalated
6 Roll modification for 70 nos. rolls Nos 70 0.00 54.45 Order value of Housing less stand
9, 10 & 12 escalated
7 Pipeline works from existing Lot 1 0.00 5.00 Engg. Estimate
powerpack to new 2 Nos. valve
stands & roll shop
8 Electrics LS 1 18.00
9 Total (Equipment) 259.65 255.64